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China stock selloff pauses after $446 billion in value wiped out

BLOOMBERG A rout in Chinese stocks paused after a $446 billion wipeout in value for mainland shares this month, but a meaningful rebound may be hard to come by as geopolitical tensions simmer. The benchmark CSI 300 Index ended little changed on Wednesday. The MSCI gauge of Chinese shares advanced as much as 1.6% after a six-day slide, though it’s ...

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Adafza reports two-fold rise in leased-out spaces, properties

ABU DHABI / WAM Abu Dhabi Airports Free Zone (Adafza), a subsidiary of Abu Dhabi Airports, has recorded a two-fold increase in leased-out spaces and properties in 2022. The achievements reaffirm the Free Zone status as a unique preferred business destination for local, regional and international organisations across several economic sectors. This strong performance was dually driven by growth in ...

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Dewa signs new agreement with RTA to boost transition towards green economy

DUBAI / WAM Dubai Electricity and Water Authority (Dewa) has announced the signing of an agreement with the Roads and Transport Authority in Dubai (RTA). According to the pact, RTA will be the Platinum Sponsor of the World Green Economy Summit (WGES), which is organised by the World Green Economy Organisation (WGEO), Dewa, and the Dubai Supreme Council of Energy, ...

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